Edison Commercial is pleased to present this rare opportunity to purchase a freehold office/warehouse just minutes from the Perth CBD with a holding income.
Improvements
The building of circa 216sqm comprises a mix of office/showroom area and rear warehouse space with roller door.
Zoning
The property resides within the City of Vincent and is zoned 'Mixed Use R80' with a potential building height of 6 storeys. Please confirm and make your own investigations with the local authorities and council.
Income
The property is fully leased with an income of $42,000.00 per annum net on a 4-year term expiring on 8 July 2029, with one further 4-year option.
Outgoings
$9,735.00 per annum
Asking price
Offers from $1 Million (No GST).
For further details, please contact the exclusive selling agent, Pasquale Cianfagna on 0418 907 300.
Whilst the information contained in this listing is believed to be correct at the time, Edison Commercial (WA) Pty Ltd ("Edison Commercial" which for the purposes of these terms and conditions, also includes its directors, related companies and employees) accepts no responsibility for its accuracy or completeness. All content is subject to change at any time and may be derived in part from outside sources or may be based on assumptions and no warranty as to its accuracy is given.
The size of West Perth is approximately 2.3 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of West Perth in 2016 was 5608 people. By 2021 the population was 6102 showing a population growth of 8.8% in the area during that time. The predominant age group in West Perth is 30-39 years. Households in West Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Perth work in a professional occupation.In 2021, 33.70% of the homes in West Perth were owner-occupied compared with 33.00% in 2016.
West Perth has 5,857 properties. Over the last 5 years, Houses in West Perth have seen a 56.64% increase in median value, while Units have seen a 60.89% increase. As at 31 March 2026:
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